{"iri":"http://lmss.sali.org/R8mdtiEByhNM1c8AfvQOkOO","id":"R8mdtiEByhNM1c8AfvQOkOO","label":"Spin-off","definition":"A spin-off divestiture is a corporate action in which a company separates a business unit, division, or subsidiary into a standalone, independent entity. In this process, shares of the new company are often distributed to existing shareholders of the parent company on a pro-rata basis. Spin-off divestitures are often undertaken to allow the separated entity to focus on its core competencies, unlock shareholder value, or comply with regulatory requirements.","prefLabels":[],"altLabels":["Ausgründung","Cisão","Scission","Spin-off","Spin-off","Spin-off","ספין-אוף","स्पिन-ऑफ","スピンオフ","分拆"],"examples":[],"notes":[],"sources":[],"branch":{"iri":"http://lmss.sali.org/RlNFgB3TQfMzV26V4V7u4E","label":"Objectives"},"parents":[{"iri":"http://lmss.sali.org/RsaC1DeVmdIpw8YKXA9JNt","id":"RsaC1DeVmdIpw8YKXA9JNt","label":"Divestiture"}],"children":[],"relations":[],"url":"https://lmss.io/tag/R8mdtiEByhNM1c8AfvQOkOO/","source":{"repo":"sali-legal/LMSS","ref":"3f9ac0c9357b2a971582ae79ede243511d47811d","channel":"pre-release"}}